Now in its 19th edition, the Aon/ASHRM Hospital and Physician Professional Liability Benchmark Analysis is a leading health care industry report that provides health care risk managers with a better understanding of their cost of risk compared to an industry benchmark. Through measurement, analysis, and comparison of the claim and exposure data, risk managers develop proactive strategies to reduce risk-related costs and ultimately improve outcomes.

In the 2019 edition of the Aon/ASHRM Hospital and Physician Professional Liability Benchmark report, researchers found that the cost of extreme, or catastrophic, professional liability claims is increasing at a rate higher than typical self-insured claims, which are trending at two percent annually.

New this year, Coverys provides insight into how to approach root-cause analysis and its benefits. Focusing on the root cause of medical malpractice area within an organization can help organizations identify and promote best practices to improve the consistency and reliability of the health care delivery model. The 2018 study also analyzed data based on three new demographic comparisons:

High-risk regions

University health systems

Children’s hospitals

About the Benchmark
Aon/ASHRM Hospital and Physician Professional Liability Benchmark Analysis is produced under a co-marketing agreement between Aon and The American Society for Healthcare Risk Management (ASHRM). The study is designed as a hands-on tool to provide health care risk managers with a better understanding of their cost of risk compared to an industry benchmark. Through measurement and analysis of claim and exposure data, risk managers develop proactive strategies to reduce risk-related costs and ultimately improve outcomes.

Purchase the 2018 Report
To purchase a copy of the 2018 Hospital Professional Liability and Physician Liability Benchmark Analysis, visit the ASHRM Bookstore.

About the 2018 Aon/ASHRM Hospital and Physician Professional Liability Benchmark report
The database includes 118 U.S. health care systems, representing 33.6 percent of the total U.S. hospital industry. Data collected includes 107,419 non-zero professional liability claims, representing more than $20.2 billion of incurred losses. The database contains historical claim information for 10 accident years (2008 to 2017). All ASHRM members were invited to participate in the study, which is designed as a hands-on tool to provide health care risk managers with a better understanding of their cost of risk compared to an industry benchmark. Through measurement and analysis of claim and exposure data, risk managers can develop proactive strategies to help reduce risk-related costs and improve related outcomes.

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